Nomad Cross-Chain Bridge Lost Nearly $200 Million in ‘Chaotic, Free For All’ Exploit

Nomad, a cross-chain bridge lost $200 million (roughly Rs. 1,570 crore) in an exploit attack. No ‘one culprit’ is responsible for the Nomad attack. Sam Sun, a Paradigm researcher has explained that a recent update to a Nomad smart contract made it convenient for users to spoof transactions and withdraw funds from the bridge, which originally did not belong to them...

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